NNIT A/S: 17/2015 Financial report for Q2 2015

NNIT delivers organic revenue growth of 8.8% and an operating profit margin of 10.7% in constant currencies. Performance highlights * Revenue increased by 8.8% in constant currencies to DKK 1,234m and 9.7% in reported currencies to DKK 1,244m * Operating profit margin was 10.7% in constant currencies and 9.2% in reported currencies being impacted by currency headwinds * Operating profit increased by 20.1% in constant currencies and 3...

NNIT delivers organic revenue growth of 8.8% and an operating profit margin of 10.7% in constant currencies.

 

Performance highlights

• Revenue increased by 8.8% in constant currencies to DKK 1,234m and 9.7% in reported currencies to DKK 1,244m
• Operating profit margin was 10.7% in constant currencies and 9.2% in reported currencies being impacted by currency headwinds
• Operating profit increased by 20.1% in constant currencies and 3.7% in reported currencies being impacted by currency headwinds
• Net profit increased by 10.1% to DKK 94m in reported currencies due to higher operating profit and improved net financials
• Order backlog for 2015 increased by 10.0% compared with order backlog for 2014 at the same time last year

Outlook for 2015 in constant currencies:

• Revenue in constant currencies is forecasted to grow 6-8% (previously 5-8%), whereas revenue growth in reported currencies is expected to be around 0.7pp higher based on current exchange rates
• Operating profit margin is forecasted to be around 11% in constant currencies, whereas operating profit margin in reported currencies is expected to be around 1.3pp lower based on current exchange rates

Per Kogut, CEO: "A solid organic revenue growth of 8.8% and an operating profit margin of 10.7% in constant currencies in the first six months of 2015 is very satisfying. Revenue growth is driven by a 15.9% increase from our non-Novo Nordisk customers in line with our strategy."

 

Conference call details

NNIT will host a teleconference August 21 at 10:30 CET about the financial report for the first six months of 2015. Please visit the NNIT webpage at www.nnit.com to access the teleconference, which can be found under 'Investors - Downloads'. Presentation material will be available on the website approximately one hour prior to the start of the presentation.

 

Contacts for further information
Investor relations:
Jesper Vesterbæk Wagener
Head of Investor Relations
Tel: +45 3075 5392

[email protected]

Copyright GlobeNewswire

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